Burnham spooks gilt market with Healey appointment
John Healey’s surprise appointment as Chancellor does nothing to neutralise the danger posed by new UK Prime Minister Andy Burnham’s own instincts on borrowing and spending, warned the CEO of a leading independent financial advisory. Gilt yields eased back and sterling ticked higher on Healey’s appointment,
Cyprus
See All »By Chris Michael As diplomatic efforts to revive negotiations on the Cyprus issue gather momentum, expectations for a meaningful breakthrough remain modest. Decades of failed initiatives have demonstrated a persistent reality: without
Read MoreNon-performing loans in Cyprus remained almost unchanged at €830 mln in April, dropping marginally from the previous month and slightly below end-2025
Tourist arrivals in Cyprus improved in May, but were still below year-ago levels for the third consecutive month, with cancellations drastically impacting
Economic sentiment in Cyprus improved for the third consecutive month, rising marginally in June, on improved business and consumer confidence, according to
Business
See All »SpaceX is currently targeting a valuation of at least $1.8 trln through its upcoming initial public offering, with investors raising doubt whether there is enough demand this summer. “Markets are about to discover whether investor appetite for AI and tech is
Read MoreThe blockbuster IPOs expected imminently from SpaceX, OpenAI and Anthropic could weaken the grip the Magnificent Seven — Apple, Microsoft, Nvidia, Amazon,
SpaceX’s IPO filing – the biggest in history – shows AI’s next trillion-dollar trade is infrastructure, not software, affirms the CEO of
Cyprus is gradually placing itself as a niche player in the world cinema market, with a number of boutique production houses developing
Popular
Nicosia hailed the US lifting its 1987 arms embargo on Cyprus as a political breakthrough that showed the increasing importance of the region to Washington, said Foreign Minister Nikos Christodoulides. He said
MoreBy Lesley Wroughton The Group of 20 is set to become the premier coordinating body on global economic issues, reflecting a new world economic order in which emerging market countries like China
MoreBy Chris Michael As diplomatic efforts to revive negotiations on the Cyprus issue gather momentum, expectations for a meaningful breakthrough remain modest. Decades of failed initiatives have demonstrated a persistent reality: without
MoreComment
See All »By Chris Michael As diplomatic efforts to revive negotiations on the Cyprus issue gather momentum, expectations for a meaningful breakthrough remain modest.
By Chris Michael U.S. President Donald Trump’s foreign policy continues to provoke strong reactions and growing concern among America’s traditional allies. His
By Chris Michael The European Union appears to be gradually laying the groundwork for a more active role in future negotiations over
By Chris Michael The new leadership of the North Atlantic Treaty Organisation appears to be evolving into a catalyst for fresh tensions
The announcement of an interim agreement between the US and Iran has triggered an immediate and dramatic reaction in world energy markets.
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Energy
See All »Oil prices continue rallying on Wednesday as hostilities in Iran threaten to escalate out of control, and reports of vessels turning around in the Red Sea heighten concerns about supply disruptions. Against this backdrop, the benchmark West Texas Intermediate reached a fresh
Read MoreWest Texas Intermediate traded around $81.30 on Monday, down 0.54% on the day as investors took some profits following the benchmark crude
The benchmark West Texas Intermediate continues to gain ground, trading around $80.20 per barrel in Europe on Tuesday, as crude oil prices
The benchmark West Texas Intermediate crude oil traded around $72 on Friday, up 0.42% on the day, but remained in a consolidation
World
See All »John Healey’s surprise appointment as Chancellor does nothing to neutralise the danger posed by new UK Prime Minister Andy Burnham’s own instincts
MoreBy Chris Michael As diplomatic efforts to revive negotiations on the Cyprus issue gather momentum, expectations for a meaningful breakthrough remain modest.
MoreOil prices continue rallying on Wednesday as hostilities in Iran threaten to escalate out of control, and reports of vessels turning around
MoreWest Texas Intermediate traded around $81.30 on Monday, down 0.54% on the day as investors took some profits following the benchmark crude
MoreMaritime
See All »The benchmark West Texas Intermediate continues to gain ground, trading around $80.20 per barrel in Europe on Tuesday, as crude oil prices rise due to rising supply concerns, attributed to the escalating US-Iran tensions. US Central Command (CENTCOM) executed fresh
Read MoreEven if Donald Trump frees ships in the Strait of Hormuz, supply chains face a growing “latency shock” that will weigh on
Cyprus is determined to climb the ladder of maritime centre world rankings, by enhancing digital transition, aspiring to become a cruise hub,
By Michalis Vasiliou Alternative credit is one of the fastest-growing segments in the European funds industry, while the IMF estimates the worldwide
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Life & Society
See All »By Chris Michael Cyprus President Nikos Christodoulides’ visit to India last month represents one of the
Armenia goes to the polls on Sunday with just one of two outcomes expected – returning
To debut at Vinoble in Jerez, Spain, this weekend Commandaria, the ‘wine of kings’ from Cyprus
Cyprus voters go to the polls on Sunday to elect their next parliament, in what will
“Join us and become part of a historic effort to turn the tide for Sourp Magar
